Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (15365)	12/5/1999 7:48:00 PM
From: Glenn McDougall	Read Replies (1) \| Respond to of 18016

<<Right now, I suspect that Morgan is essentially running an auction. The quicker we hear, the lower the initial offering price. The longer it takes, either the better the price, or if it drags out excessively the greater the probability of no acceptable bids.>> Ian, my 2 cents (Canadian)... I agree that Morgan is showing NNC's wares to a number of companies however the term "auction" implies sell at any price and that I don't expect to occur. Many of the parts are worth quite a lot to various interested parties. My guess is the company will not be sold however parts now not considered essential but worth potentially more on their own in the open market will be sold / spun-off. I think NNC has come to the conclusion it needs more cash to bring on the various technologies it now is developing and would like to see between one and two billion come its way. PF by making the tough decisions he has almost assures we the shareholders of increased eps down the road. Relationships that the company and TM have made in the past now may surface in different forms that could benefit each other. I would suggest this is inside and perhaps outside the industry. Regards Glenn